The Latest

Inadequate public governance drives up the costs of U.S. transit projects, Eno Center for Transportation said in a report.

The launch helps Schwab to broaden its footprint in munis, allowing the firm to expand its line-up for investors who are looking for broad muni exposure at a much lower price point.

Friday's action brings the state's outlook to positive with all four major credit rating agencies.

Triple-A yields rose more than three-quarters of a point on the front end and nearly half a point out long in September as munis posted 3.84% losses.

Baby bonds provide a long-term remedy by fostering upward mobility, while current anti-poverty measures do not, according to panelist Scott Winship.

Goldstone will stay on as a special advisor to the mayor.

The stopgap funding bill provides $4.5 billion of disaster recovery aid for New Mexico, Florida, Puerto Rico and more.

"All of you who are looking for a pivot, be careful what you wish for," the chief economic adviser at Allianz SE and Gramercy Funds chairman said.

For the first three quarters, total issuance sits at $308.440 billion, down from $361.932 billion in 2021. Taxables are down 48.0% to $45.724 billion from $87.979 billion.

Legislation requiring standardized financial disclosure from issuers is attached to a must-pass defense bill, which narrows the window to fight the measure.